December 11, 2013 03:41 PM By Carl Davis, Research Director at ITEP | Permalink | Having already cut taxes for the state’s wealthiest residents, Governor Mike Pence and Indiana’s legislative leadership have shifted their focus toward cutting taxes for businesses. Specifically, they’ve declared eliminating or reducing the business personal property tax to be a top […]
December 5, 2013 11:31 AM By Citizens for Tax Justice Staff | Permalink | When Washington State lawmakers approved a record $8.7 billion in tax breaks for Boeing and other aerospace companies last month, many observers hoped that the unprecedented scale of the new tax cuts—which will last through 2040—might open policymakers’ eyes to the […]
December 5, 2013 11:20 AM By Matt Gardner, Senior Fellow at ITEP | Permalink | When state governments force cuts in local tax collections, as New Mexico did almost a decade ago under Governor Bill Richardson, these cuts are often accompanied by a “hold harmless” promise, under which locals will (in theory) be reimbursed for […]
December 5, 2013 11:15 AM By Carl Davis, Research Director at ITEP | Permalink | This week, the Supreme Court declined to hear the e-commerce industry’s challenge to New York’s trend-setting “Amazon law.” The law, which was upheld by New York’s highest court, successfully expanded the number of online retailers collecting New York sales taxes. […]
December 4, 2013 04:23 PM By Matt Gardner, Senior Fellow at ITEP | Permalink | In what has been a cherished annual tradition for tax accountants everywhere, the day is approaching—January 1, to be precise—when dozens of temporary federal income tax provisions are set to expire. The so-called “extenders”—tax breaks enacted by Congress on a […]
December 4, 2013 11:50 AM By Citizens for Tax Justice Staff | Permalink | American Express’s Tax Avoidance Opposed by Most Small Businesses Since 2010, American Express has boosted itself as a supporter of small businesses, by promoting “Small Business Saturday” as a counterpart to Black Friday. But American Express is no friend of American […]
December 3, 2013 12:57 PM By Citizens for Tax Justice Staff | Permalink | Read the report.Business lobbyists are pushing Congress to enact tax “extenders” — a bill to extend several temporary tax breaks for business that expire at the end of this year. A new report from Citizens for Tax Justice examines the largest […]
December 2, 2013 11:43 AM By Institute on Taxation and Economic Policy Staff | Permalink | MassBudget, in partnership with the Schott Foundation’s Opportunity to Learn Campaign, has launched a new website: “Investing in the Future: Revenue Options to Give Every Child the Opportunity to Learn.” This website is a resource for education advocacy organizations, […]
November 27, 2013 12:04 PM By Citizens for Tax Justice Staff | Permalink | During Thanksgiving we tend to reflect on the year’s events and remember what we’re grateful for. This was a doozy of a year for tax analysts, with the federal government shutting down and state legislatures across the nation threatening deep cuts […]
November 21, 2013 12:27 PM By Kelly Davis, Assistant Director of Communications | Permalink | Voters in 36 states will be choosing governors next year. Over the next several months, the Tax Justice Digest will be highlighting 2014 gubernatorial races where we expect taxes to be a key issue. Today’s post is about the race for […]
November 21, 2013 11:26 AM By Carl Davis, Research Director at ITEP | Permalink | Update: Pennsylvania Governor Tom Corbett signed the gas tax increase described below into law on November 25, 2013. One of 2013’s biggest state tax policy issues—the gasoline tax—continues to make headlines long after most state legislative sessions have come to […]
November 20, 2013 04:36 PM By Citizens for Tax Justice Staff | Permalink | Max Baucus, the Senator from Montana who chairs the committee with jurisdiction over our tax code, has made public a portion of his ideas for tax reform. Multinational corporations that have lobbied Baucus for years are unhappy because his proposal would […]
November 20, 2013 01:12 PM By Citizens for Tax Justice Staff | Permalink | (View as a PDF) Tax Policy Advocacy Communications Director: The Institute on Taxation and Economic Policy and Citizens for Tax Justice are seeking an experienced and mission-driven Communications Director to help us expand our reach and impact as the only dedicated […]
November 19, 2013 04:45 PM By Institute on Taxation and Economic Policy Staff | Permalink | The District of Columbia’s Tax Revision Commission heard from the Institute on Taxation and Economic Policy (ITEP, CTJ’s partner organization), last week about options for lessening the regressivity of DC’s tax system. In testimony before the Commission, ITEP’s Matt […]
November 19, 2013 01:42 PM By Citizens for Tax Justice Staff | Permalink | Senate Finance Committee Chairman Max Baucus (D-Mont.) today released a draft proposal for changing the way the United States taxes multinational corporations. Robert McIntyre, the director of Citizens for Tax Justice, made the following statement about the draft: “Senator Baucus promises […]
November 15, 2013 05:16 PM By Citizens for Tax Justice Staff | Permalink | A poll commissioned for Americans for Tax Fairness and released on November 13 shows almost no public support for the “revenue-neutral” approach to tax reform advanced by Rep. Dave Camp, the chairman of the House Ways and Means Committee. One question […]
November 14, 2013 03:18 PM By Citizens for Tax Justice Staff | Permalink | On November 12th, Washington Governor Jay Inslee signed into law the largest state business tax break package in history for Boeing. The new law will give Boeing and its suppliers an estimated $8.7 billion in tax breaks between now and 2040. […]
November 14, 2013 02:04 PM By Citizens for Tax Justice Staff | Permalink | For years, the economic border war between Missouri and Kansas has been the topic of discussion in those states’ respective statehouses. In a January report titled The Job-Creation Shell Game, Good Jobs First writes, “There is no jobs border war more […]
November 14, 2013 11:18 AM By Citizens for Tax Justice Staff | Permalink | Maryland has made some notable improvements to its tax system these last few years. In 2012, lawmakers made the state’s regressive tax system (PDF) somewhat less unfair by limiting personal income tax exemptions and raising tax rates on high-income earners. Then, […]
November 13, 2013 10:57 AM By Institute on Taxation and Economic Policy Staff | Permalink | Washington Governor Jay Inslee testified before legislators on the first day of a special session in favor of allowing tax breaks for Boeing that are estimated to cost the state $9 billion. Washington State Budget and Policy Center’s Remy […]
November 13, 2013 10:50 AM By Kelly Davis, Assistant Director of Communications | Permalink | Ohio’s John Kasich is one Republican governor who wants his state to accept federal dollars from the Affordable Care Act to extend Medicaid to his neediest constituents. Kasich included that money in his budget proposal early this year, but the […]
November 8, 2013 02:20 PM By Citizens for Tax Justice Staff | Permalink | A newly released study sponsored by General Electric and a corporate lobbying group argues in favor of a “territorial” tax system, which House Ways and Means chairman Dave Camp has proposed as part of comprehensive tax reform. Here’s Citizens for Tax […]
November 6, 2013 01:26 PM By Citizens for Tax Justice Staff | Permalink | Despite being an off-year election, there were a few significant tax policy issues at stake in the elections held this week in Colorado, Minnesota, New Jersey, Ohio, Texas, Virginia, and New York City. Ballot Measures Colorado voters rejected Amendment 66, which […]
November 5, 2013 04:07 PM By Citizens for Tax Justice Staff | Permalink | On November 1, The New York Times published on op-ed written by John Cassara, formerly a special agent for the Treasury Department tasked with following money moved illegally across borders to evade taxes or to launder profits from criminal activities. The […]
November 5, 2013 11:46 AM By Citizens for Tax Justice Staff | Permalink | Last year the Facebook corporation made headlines when it used a single tax break—the ability to write off part of the value of executive stock options—to eliminate every last dime of federal income tax on $1 billion in US income in […]